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“Revenue Generation On A Website By Transaction Of Digital Content”

Abstract: A system for revenue generation by the websites is disclosed, where the videos posted in the websites can be sold or bought based on the popularity, content and so forth, which can create revenue for the website. In the system, when a user submits a video to the website for publicizing, the website checks for its usefulness and the content of the video and the video is posted. The users of the website or any other user can use the keywords to search for the video, and if a wishful buyer who can be an individual, a bloggers, a website, an educational institute etc., wishes to buy a certain video, then they can request the website for a quotation and pay revenue to the website and purchase the video from the website, after which the rights to use the video vests only with the buyer of the video who can use the video for their intended purpose; they can also sell the video for their personal revenue generation.

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Notices, Deadlines & Correspondence

Patent Information

Application #
Filing Date
14 July 2019
Publication Number
03/2021
Publication Type
INA
Invention Field
COMPUTER SCIENCE
Status
Email
ipr@optimisticip.com
Parent Application

Applicants

MESBRO TECHNOLOGIES PRIVATE LIMITED
Flat no C/904, Geomatrix Dev, Plot no 29, Sector 25, Kamothe, Raigarh-410209, Maharashtra, India

Inventors

1. Mr. Bhaskar Vijay Ajgaonkar
Flat no C/904, Geomatrix Dev, Plot no 29, Sector 25, Kamothe, Raigarh-410209, Maharashtra, India

Specification

Claims:1. A method for revenue generation by the websites by buying and selling of videos comprising of:

a. creation of video by a user based on a useful topic;

b. submission of the videos to the website;

c. confirming the content of the video by the website to check if it is suitable for publicizing;

d. posting the video on the website;

e. interested buyer viewing the video on the website;

f. buying the video by an interested buyer from the website for their intended purpose; and

g. paying revenue to the website by the buyer.

2. The method as claimed in claim 1 wherein, the videos publicized in the websites can be sold or bought from the website based on the popularity, content etc.,

3. The method as claimed in claim 1 wherein, the content of the video is screened and confirmed by the website, prior to publicizing the video to prevent spreading of fake news.

4. The method as claimed in claim 1 wherein, the users of the website can view the video on the webpage using keywords or direct access and can choose to buy the video.

5. The method as claimed in claim 1 wherein, the user who posts the video is paid a certain amount by the website, after which the video can be sold to interested buyers.

6. The method as claimed in claim 1 wherein, the payment to the website can be made by digital payment systems. , Description:Technical Field of the Invention
The present invention generally relates to the field of business management where revenue can be generated by the websites and more particularly to the system where the digital content which can be advertised through the websites can be used for revenue generation, where the websites can buy and sell the videos related to various fields having various content.

Background of the Invention
Video is an electronic medium for the recording, copying, playback, broadcasting, and display of moving visual media. Video transmission can be done through different formats. Different layers of video transmission and storage each provide their own set of formats to choose from. For transmission, there is a physical connector and signal protocol. A given physical link can carry certain display standards that specify a particular refresh rate, display resolution, and colour space. Many analog and digital recording formats were in use, but the digital video clips which can also be stored on a computer file system as files, which have their own formats are used frequently by the users.
In this internet driven world, the role of videos are vital as they are basically used to explain the content in visual form, which is easily understandable. The usage of videos can be seen in higher number in educational field, entertainment field, and also for popularity on social networking sites. A creator of a video can convey their views, concerns, ideas through the videos which can be shared on social networking platforms, websites, as advertisement on various platforms. As the use of internet has increased, the increase in the number of websites, blogs, social media platforms posting various digital contents is seen. The video creators upload their videos on a website or any platform for which they can get paid on the basis of the number of views they get on the online platforms.
The videos which are based on various subjects, different matters, can be viewed by a large number of people based on the publicity the video creator gets and the advertisement done by them and also the popularity of the video.
With the increase in the ways of presenting online digital content over the internet, the revenue generation by the video creators increase, but there are no existing methods available which enables the platforms which advertise the digital content to earn revenue.
Therefore, there is a need for a system where the websites can generate revenue from the videos which they advertise, by buying them from the creators and selling them to other websites or individuals who wish to use the videos for various purposes.

Object of the Invention
The primary object of the present invention is to provide a system for revenue generation for the websites.
Another object of the present invention is to provide a system for revenue generation for the websites through the videos posted in them.
Yet another object of the present invention is to provide a system for revenue generation for the websites by buying the selling the videos to the interested buyers.

Summary of the Invention
The present invention discloses a system for revenue generation by the websites, where the videos posted in the websites can be sold or bought based on the popularity, content and so forth, which can create revenue for the website.
The first step in the revenue generation is the creation of the video by the user who wishes to publicize their video in the well-known websites, where the chances of advertising their video are higher.
The second step in the system is to check the content and usefulness of the video which is done by the website.
The third step in the system is to post the video on their website, where the video can be viewed by numerous users of the website, and interested users can send request to the website for purchasing the video.
The fourth and final step in the system is the revenue generation by the website, where the users who are interested to buy a video from the website can make a purchase by paying certain revenue to the website, after which they can use the video for their intended purpose.
According to the present invention, when a user submits a video to the website for publicizing, the website checks for its usefulness and the content of the video and the video is posted. The users of the website or any other user can use the keywords to search for the video, and if a wishful buyer who can be an individual, a bloggers, a website, an educational institute etc., wishes to buy a certain video, then they can request the website for a quotation and pay revenue to the website and purchase the video from the website, after which the rights to use the video vests only with the buyer of the video who can use the video for their intended purpose; they can also sell the video for their personal revenue generation.

Detailed Description of the Invention

The present invention discloses a system for revenue generation by the websites mainly through buying and selling the videos which can relate to education, entertainment, teaching, music, dancing and so forth.
The system of the present invention provides a method of revenue generation for the website by buying and selling the videos which are posted on the website. The method includes, creation of video by a user and submission of the videos to the website; confirming the content of the video to check the usability and uniqueness of the video by the website; posting the video on the web page of the website; interested users requesting the website to send quotations for the video; buying the video by the interested user from the website for their intended purpose; paying revenue to the website by the user.
According to the present invention, the videos posted on the web pages of the websites can be sold or bought based on the popularity, content and so forth, which can create revenue for the website.
The first step in the system is creation of the video by a user who can be a student, a researcher, an artist, a musician, a singer, and an entrepreneur etc., who wishes to spread their knowledge to others through digital media. In the same context the user who shoots a video of their own, sends request to the website, where the chances of advertising their video are superior. The video is mainly intended to spread knowledge, awareness, love and helps on grown of an individual as well as the society.
The second step in the system is to check the content of the video, which is done by the website, where the content in the video is thoroughly checked to confirm whether it is suitable to be advertised. As the numbers and popularity of the website increases, the users who try to make revenue by posting fraud and false videos can also increase, hence cautious step is taken to screen the video for such content, where the users are not faking the content, and it is true to their knowledge, as it is their finding. After the content of the video is approved by the website, they can be posted. The fake videos are barred from further processing as they can cause defamation as well as revenue loss for the website, for which they cannot be compensated.
The third step in the system is to post the video on the webpage of the website, where numerous users of the website can view the video on the webpage and can choose to buy them or their intended purpose.
The fourth step in the system is to request the website to send quotation for the video, and the website send the quotations to the user which they can choose to accept and pay revenue to the website.
The final step in the system is the revenue generation by the website, where the users who are interested to buy the video from the website can make a purchase by paying certain revenue to the website, after which the rights to use the video vests with the buyers and they can utilize the video for any purpose of their wish.
Other additional steps used in the invention includes: registering a user to interact with the website which allows the user for personally access the website contents; sending the request to buy the video to the website along with quotation; approving the request and quotation by the website; making the amount transfer by the user to the website; and video owned by the user. The payment made to the website generates the receipt automatically which is sent to the user’s account.

Documents

Application Documents

# Name Date
1 201921028251-STATEMENT OF UNDERTAKING (FORM 3) [14-07-2019(online)].pdf 2019-07-14
2 201921028251-POWER OF AUTHORITY [14-07-2019(online)].pdf 2019-07-14
3 201921028251-FORM FOR STARTUP [14-07-2019(online)].pdf 2019-07-14
4 201921028251-FORM FOR SMALL ENTITY(FORM-28) [14-07-2019(online)].pdf 2019-07-14
5 201921028251-FORM 1 [14-07-2019(online)].pdf 2019-07-14
6 201921028251-FIGURE OF ABSTRACT [14-07-2019(online)].jpg 2019-07-14
7 201921028251-EVIDENCE FOR REGISTRATION UNDER SSI(FORM-28) [14-07-2019(online)].pdf 2019-07-14
8 201921028251-EVIDENCE FOR REGISTRATION UNDER SSI [14-07-2019(online)].pdf 2019-07-14
9 201921028251-COMPLETE SPECIFICATION [14-07-2019(online)].pdf 2019-07-14
10 201921028251-ORIGINAL UR 6(1A) FORM 26-130819.pdf 2019-11-09
11 201921028251-Proof of Right [30-11-2020(online)].pdf 2020-11-30